BTC hasn’t fully bottomed out in the current cycle, but it has been declining for several months. At this stage, a major rebound is needed. Around 60K, it completed the first bottom test. Currently, it’s in a standard “second test” relying on the upward trendline. The pullback hasn’t broken the previous low and is closely hugging the trendline, making it a high-probability left-side entry point. OKX Gold’s recent strength confirms the market’s pricing of inflation and risk aversion. At the same time, as long as U.S. stocks remain resilient at high levels, it indicates that macro risk appetite hasn’t faded. BTC has the dual attributes of being both “digital gold” and a “high-risk asset.” With the combined support of stable U.S. stocks and strong gold performance, it’s highly likely to absorb the market’s excess liquidity. In the coming week, as long as there’s no systemic flash crash in U.S. stocks, BTC has a high probability of rebounding and recovering along this trendline. The current price is suitable for a low-entry bet on an effective rebound. The first resistance level is at 70K, and if it breaks through, the target is above 72K. Set a strict stop-loss at 64,500—if it breaks below, the “second test” logic is invalidated. Absolutely no holding onto losing positions; stop-loss unconditionally. In summary, while optimistic about the upcoming rebound, unexpected situations can’t be ruled out. Protect your capital and wait for a more certain big move!